Irish Residential Properties REIT (IRES)

  1.42
   
  • 52 Week High: NULL
  • 52 Week Low:  0.00
  • Currency: Euro
  • Shares Issued: 529.58m
  • Market Cap:  753.06m

Fundamentals - based on IFRS

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 87.85 84.86 79.74 74.44 62.10
Operating Profit/(Loss) (114.49) 53.60 81.43 71.08 98.32
Profit Before Tax (114.49) (11.86) 67.55 58.26 86.28
Profit After Tax (116.01) (11.82) 67.55 58.26 86.28
           
Earnings per Share - Basic (21.90¢) (2.20¢) 12.80¢ 11.20¢ 18.00¢
Earnings per Share - Adjusted (21.90¢) (2.20¢) 12.80¢ 11.20¢ 18.00¢
           
Dividend per Share 4.45¢ 5.11¢ 5.99¢ 5.97¢ 5.80¢
    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 8.21 8.72 9.21 9.72 10.09
Intangible Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 1,274.36 1,505.34 1,493.41 1,380.35 1,359.20
  1,282.57 1,514.06 1,502.62 1,390.08 1,369.29
Current Assets          
Inventories n/a n/a n/a n/a n/a
Cash at Bank & in Hand 7.86 6.97 10.35 11.19 6.98
Other Current Assets 9.19 7.77 15.10 16.27 11.79
  17.05 14.74 25.45 27.46 18.77
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,299.62 1,528.80 1,528.07 1,417.54 1,388.05
Current Liabilities          
Borrowings 0.43 0.42 n/a n/a n/a
Other Current Liabilities 22.88 20.78 23.21 19.23 17.37
           
Current Liabilities 23.30 21.20 23.21 19.23 17.37
           
Net Current Assets c(6.25) c(6.46) c2.24 c8.23 c1.39
           
Borrowings 379.20 462.01 425.71 359.54 559.72
Other Non-Current Liabilities 199.79 198.24 197.71 197.08 0.79
Non-Current Liabilities 578.99 660.25 623.42 556.61 560.51
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 602.29 681.45 646.63 575.85 577.89
           
Net Assets 697.33 847.35 881.44 841.70 810.17
           
Shareholders Funds 697.33 847.35 881.44 841.70 810.17
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 697.33 847.35 881.44 841.70 810.17
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 57.02 46.58 53.08 48.56 43.90
Net Cash Flow from Investing Activities 81.09 (40.43) (78.07) (1.46) (379.42)
Net Cash Flow from Financing Activities (137.21) (9.53) 24.14 (42.88) 334.87
Net Increase/Decrease In Cash 0.90 15,126.00 (0.85) 4.21 (0.65)
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted n/a n/a n/a n/a 8.4
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a 14% -38% -36%
Dividend Cover (4.92) (0.43) 2.14 1.88 3.10
Revenue per Share 16.59¢ 16.02¢ 0.15¢ 14.06¢ 11.73¢
Pre-Tax Profit per Share (21.62¢) (2.24¢) 0.13¢ 11.00¢ 16.29¢
Operating Margin (130.32%) 63.16% 102.12% 95.48% 158.33%
Return on Capital Employed n/a n/a 0.05% 4.85% 6.30%
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 3.8%
Dividend per Share Growth (12.92%) (14.69%) 0.34% 2.93% 3.57%
Operating Cash Flow per Share 10.77¢ 8.80¢ 10.02¢ 9.17¢ 8.29¢
Cash Incr/Decr per Share 0.17¢ 2,856.24¢ n/a 0.80¢ (0.12¢)
Net Asset Value per Share (exc. Intangibles) 131.68¢ 160.00¢ 166.44¢ 158.94¢ 152.98¢
Net Gearing 53.31% 53.75% 47.12% 41.39% 68.23%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

Note 2: Forecast figures based on normalised accounts.

 

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